Dentgroup LLC Boosts Stock Position in Fidelity Fundamental Small-Mid Cap ETF $FFSM

Dentgroup LLC raised its position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 86.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 57,293 shares of the company’s stock after buying an additional 26,543 shares during the period. Fidelity Fundamental Small-Mid Cap ETF accounts for about 1.1% of Dentgroup LLC’s investment portfolio, making the stock its 27th biggest holding. Dentgroup LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $1,674,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF in the first quarter valued at approximately $19,395,000. Kerntke Otto McGlone Wealth Management Group boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 18.4% in the 2nd quarter. Kerntke Otto McGlone Wealth Management Group now owns 502,919 shares of the company’s stock worth $13,674,000 after purchasing an additional 78,094 shares in the last quarter. Evernest Financial Advisors LLC grew its stake in Fidelity Fundamental Small-Mid Cap ETF by 3.0% during the 2nd quarter. Evernest Financial Advisors LLC now owns 406,512 shares of the company’s stock worth $11,053,000 after buying an additional 11,836 shares during the last quarter. RFG Advisory LLC acquired a new position in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter valued at about $9,495,000. Finally, Menora Mivtachim Holdings LTD. raised its stake in Fidelity Fundamental Small-Mid Cap ETF by 56.0% in the second quarter. Menora Mivtachim Holdings LTD. now owns 227,554 shares of the company’s stock valued at $6,187,000 after buying an additional 81,695 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of FFSM stock opened at $31.25 on Tuesday. Fidelity Fundamental Small-Mid Cap ETF has a fifty-two week low of $21.80 and a fifty-two week high of $29.71. The firm has a market capitalization of $796.88 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. The stock’s 50-day simple moving average is $29.85 and its 200-day simple moving average is $28.63.

Fidelity Fundamental Small-Mid Cap ETF Company Profile

The Fidelity Fundamental Small-Mid Cap ETF (FFSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in global stocks with small to medium capitalization. The fund utilizes the Fidelity non-transparent model. FFSM was launched on Feb 2, 2021 and is issued by Fidelity.